Natixis CIB opens Toronto office 13 October 2023Canada Reporter: Lucy Carter
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Natixis Corporate and Investment Banking (Naxis CIB) has opened a new Toronto office, continuing its North American expansion.
The office will support Canadian clients’ global activities, and will work in parallel with the firm’s Montreal outpost.
Both offices are led by Michael Costakos, senior country manager for Canada. Costakos has more than two decades of industry experience, and has held this role since 2021. Prior to this, he was a special advisor for the executive finance team of utilities company Ontario Power Generation, before which he spent 18 years with Scotiabank.
Commenting on the opening, Olivier Delay, Natixis CIB Americas CEO, says: “In an increasingly competitive environment, Natixis CIB remains committed to growing and adapting to best serve our clients’ needs. The launch of our Toronto office positions us to accelerate the development of our investment banking capabilities in Canada and build upon our legacy presence in the Americas.”
Costakos adds: “The expansion of our team will allow us to deepen relationships with our clients in the region and significantly increase our ability to serve the growing strategic initiatives of our Canadian client base globally.”
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